Arcosa (ACA) to Release Quarterly Earnings on Thursday

Arcosa (NYSE:ACA) will be releasing its earnings data after the market closes on Thursday, May 2nd. Analysts expect Arcosa to post earnings of $0.57 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Arcosa (NYSE:ACA) last released its quarterly earnings data on Friday, February 23rd. The company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.35. The company had revenue of $582.20 million for the quarter, compared to analyst estimates of $554.54 million. Arcosa had a net margin of 6.90% and a return on equity of 6.90%. Arcosa’s revenue for the quarter was up 16.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.24 EPS. On average, analysts expect Arcosa to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Arcosa Stock Down 2.8 %

Arcosa stock opened at $76.02 on Wednesday. The firm has a market capitalization of $3.69 billion, a PE ratio of 23.32 and a beta of 0.66. The company’s 50-day moving average is $81.75 and its 200-day moving average is $78.36. Arcosa has a fifty-two week low of $61.98 and a fifty-two week high of $89.07. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.12 and a quick ratio of 1.18.

Arcosa Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Friday, April 12th. This represents a $0.20 annualized dividend and a dividend yield of 0.26%. Arcosa’s dividend payout ratio is presently 6.13%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on ACA shares. DA Davidson upped their price target on shares of Arcosa from $90.00 to $95.00 and gave the company a “buy” rating in a research note on Wednesday, February 28th. Oppenheimer upped their price target on shares of Arcosa from $85.00 to $90.00 and gave the company an “outperform” rating in a research note on Friday, February 23rd. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, Arcosa presently has an average rating of “Moderate Buy” and a consensus target price of $90.00.

Arcosa Company Profile

Arcosa, Inc, together with its subsidiaries, provides infrastructure-related products and solutions for the construction, engineered structures, and transportation markets in the United States. It operates through three segments: Construction Products, Engineered Structures, and Transportation Products.